The Newport Plain Talk
Local Sports Search Sports Archive The Running Journal SEC Sports
Obituaries Obituaries Archive
Subscribe Today! Learn More About:
Search: Recent News Archives or try Advanced Search
Clear Clear
64 ° Severe Weather Alert!
Click For Extended Forecast

More Jobs
In Newport, TN

choose text size bigger text smaller text

Managers at check-cashing business admit making fraudulent loans

Published: 7:10 AM, 01/21/2014 Last updated: 7:11 AM, 01/21/2014

Author: Nelson Morais
Source: The Newport Plain Talk

NEWPORT-Jeff Olson, 52, president of Cash Express, in Newport, stated on Friday, Jan. 17 that a manger and assistant manager made fraudulent loans on people accounts for at least $5,204, Newport Police Department Patrolman Mike Robey reported.Olson said he was still working to find the complete totals of the fraudulent loans.The two offenders allegedly said they drew up the loans after a letter from the corporate office stated if they did not "bring their numbers up" that they would be fired, Robey stated in his report. Both managers cooperated with the police and gave officers a list of some of the people they remember making loans for, according to the report.

Print This Story Print This Story Email This Story Email This Story To A Friend

Subscribe to The Newport Plain Talk by clicking SUBSCRIBE. Sign up for Breaking News emails from The Newport Plain Talk by clicking EMAIL ALERTS and inputting your email address next to "Add Me" near the top right corner.

Find more businesses on

Attorneys · Automotive · Health Care · Restaurants Retail · Services · Home & Garden · Recreation


Enter your email address to sign up.
Email Address:
Receive special offers from The Newport Plain Talk.



View All Galleries